Recommendation

Unlock this content

This isn't the usual place for a stock update but we felt this an important issue and couldn't find the space elsewhere.

Proprietors have voted in favour of converting AGL to a traditional corporate structure. It shouldn't make too much difference from a shareholder's point of view (except they'll now actually be referred to as shareholders).

What does make a difference is the removal of the 5% shareholding cap, making the company vulnerable to a takeover bid. Some media reports are suggesting that self-preservation is the...

Latest Q&A With Our Experts

Hi Intelligent investor team, I have a specific question for Gaurav I have been reading Gaurav's articles on Australian energy market and found it very interesting but also difficult to understand a relationship between wholesale and retail market...

Hi II Team, I know you guys have an avoid on AGL Energy, but everything has a price. What do you think of the rights issue price? Is it worth taking up or should I just sell the shares I have at current prices? Have owned these for a long time s...

InvestSMART Publishing Pty Ltd holds Australian Financial Securities Licence (AFSL) 282288.
The content of this website is general in nature and does not take the personal situation of any user of this website into consideration.
A user of this website should seek financial advice specific to that user’s situation before making any financial decision.
Past performance of any security or financial product is not a reliable indicator of future performance. InvestSMART Publishing Pty Ltd
encourages users of this website to view investing as a long-term pursuit.